Finsbury Growth & Income Trust Plc - Result of AGM
PR Newswire
London, January 17
17 January 2023
Finsbury Growth & Income Trust PLC
(the "Company")
Result of Annual General Meeting
The Board is pleased to announce that at the Annual General Meeting of the Company held on Tuesday, 17 January 2023, all resolutions as detailed below were duly passed by shareholders on a poll.
| Resolutions | Votes For | % | Votes Against | % | Total Votes Cast | Votes Withheld |
| Ordinary Resolutions | ||||||
| 1. To receive the Annual Report and Financial Statements for the year ended 30 September 2022. | 86,635,501 | 99.99 | 4,625 | 0.01 | 86,640,126 | 22,864 |
| 2. To elect Pars Purewal as a Director of the Company. | 86,546,703 | 99.93 | 59,207 | 0.07 | 86,605,910 | 53,110 |
| 3. To re-elect Simon Hayes as a Director of the Company. | 85,340,302 | 98.54 | 1,265,165 | 1.46 | 86,605,467 | 57,503 |
| 4. To re-elect James Aston as a Director of the Company. | 85,271,697 | 98.45 | 1,339,807 | 1.55 | 86,611,504 | 51,466 |
| 5. To re-elect Kate Cornish-Bowden as a Director of the Company. | 85,266,765 | 98.45 | 1,339,502 | 1.55 | 86,606,267 | 56,703 |
| 6. To re-elect Sandra Kelly as a Director of Company. | 85,308,552 | 98.49 | 1,303,752 | 1.51 | 86,612,304 | 50,666 |
| 7. To re-elect Lorna Tilbian as a Director of the Company. | 85,303,240 | 98.50 | 1,303,027 | 1.50 | 86,606,267 | 56,703 |
| 8. To receive and approve the Directors' Remuneration Report for year ended 30 September 2022. | 86,451,715 | 99.84 | 137,827 | 0.16 | 86,589,542 | 73,428 |
| 9. To receive and approve the Directors' Remuneration Policy. | 86,434,157 | 99.83 | 149,590 | 0.17 | 86,583,747 | 79,223 |
| 10. To re-appoint PricewaterhouseCoopers LLP as Auditors to the Company, to hold office from the conclusion of this meeting until the conclusion of the next general meeting at which financial statements are laid before the Company. | 86,459,240 | 99.82 | 151,767 | 0.18 | 86,611,007 | 51,983 |
| 11. To authorise the Audit Committee to determine the remuneration of the Auditors of the Company. | 86,600,361 | 99.97 | 23,646 | 0.03 | 86,624,007 | 38,983 |
| 12. To receive and approve the Company's Dividend Policy, as set out in the Annual Report. | 86,624,234 | 99.99 | 5,238 | 0.01 | 86,629,472 | 33,518 |
| Special Business | ||||||
| 13. To allot securities in the Company. (Ordinary Resolution) | 86,565,854 | 99.93 | 58,964 | 0.07 | 86,624,818 | 38,172 |
| 14. To disapply the rights of pre-emption in relation to the allotment of securities. (Special Resolution) | 86,482,660 | 99.84 | 139,595 | 0.16 | 86,622,255 | 40,735 |
| 15. To disapply pre-emption rights on the sale of Treasury Shares and to sell Treasury Shares at a premium to the net asset value per share. (Special Resolution) | 86,596,346 | 99.97 | 30,312 | 0.03 | 86,626,658 | 36,332 |
| 16. To authorise the Company to make market purchases of Ordinary shares in the Company. (Special Resolution) | 86,606,488 | 99.97 | 23,505 | 0.03 | 86,629,993 | 32,997 |
| 17. That the Directors be permitted to call General Meetings (excluding the AGM) on not less than 14 clear days' notice. (Special Resolution) | 86,209,333 | 99.51 | 420,288 | 0.49 | 86,629,621 | 33,369 |
A vote Withheld is not a vote in law and is not counted in the calculation of the proportion of votes "For" and "Against" a resolution.
Notes:
Any proxy votes which are at the discretion of the Chairman have been included in the "for" total. A vote withheld is not a vote in law and is not counted in the votes for or against a resolution.
As at the date of the Annual General Meeting, the total number of voting rights in the Company was 212,105,211. The Company had 12,886,092 ordinary shares held in Treasury.
The full text of the resolutions can be found in the Notice of Annual General Meeting, which is available for viewing at the National Storage Mechanism and can be located at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the Company's website, www.finsburygt.com
In accordance with Listing Rule 9.6.2 and Listing Rule 9.6.3, the full text of the special business resolutions passed has been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism. The special business resolutions will additionally be filed with Companies House.
Terms not otherwise defined in this announcement have the meaning given to them in the Notice of Meeting.
For further information, please contact:
| Frostrow Capital LLP Victoria Hale, Company Secretary | +44 (0)20 3170 8732 info@frostrow.com |
